Finvasia Vs ICICIDirect Vs IIFL Securities: Which one is better?

The brokerage of Finvasia ranges between Rs 0, the brokerage of ICICIDirect ranges between Rs. 20, while the brokerage of IIFL Securities ranges between Rs 20. The broker ICICIDirect and IIFL Securities are a full service brokers where Finvasia is a discount broker. Overall rating for Finvasia is 4, ICICIDirect is rated 4, IIFL Securities is rated 4 out of 5.

Here we present side-by-side comparison of Finvasia vs ICICIDirect vs IIFL Securities stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Finvasia vs ICICIDirect vs IIFL Securities on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Finvasia vs ICICIDirect vs IIFL Securities in this setion with 360 degree view of broker information.

Compare 2 Brokers

Compare Finvasia vs ICICIDirect vs IIFL Securities on Service

	Finvasia	ICICIDirect	IIFL Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Discount Broker	Full Service Broker	Full Service Broker
Exchanges Supported	BSE, NSE, MCX, NCDEX	NSE, BSE, MCX	BSE, NSE, MCX, NCDEX
Broker Overview	Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S...	ICICIDirect is one of the top-rated full-service stock brokers serving an active clientele base of above 30 lakh. Its multiple trading & investing products, Rs. 20 NEO flat discount brokerage plan, reliable research and advisory, and advanced tec...	IIFL (India Infoline) is one of the prominent full-service brokers in India backed by complete investment planning solutions, cutting-edge technology platforms (IIFL Markets app and Trader Terminal), the industry’s best research & advisory,...
Broker Enquiry

Account Opening Charges and AMC

Compare Finvasia vs ICICIDirect vs IIFL Securities on Trading & Demat Account Opening Charges

In this section we have compared Finvasia vs ICICIDirect vs IIFL Securities on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Finvasia charges Free as AMC for Demat account, ICICIDirect charges Rs 300 per annum AMC for Demat account, where IIFL Securities charges Rs 250 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Finvasia vs ICICIDirect vs IIFL Securities
Charges	Finvasia	ICICIDirect	IIFL Securities
Trading Account Opening Fees	Free	Free	Free
Trading AMC	Free	Free	Free
Demat Account Opening Fees	Free	Free	Free
Demat AMC	Free	Rs 300 per annum	Rs 250 PA (Free for 1st year)
Provide DP Service

About Brokerage Plans

Compare Finvasia vs ICICIDirect vs IIFL Securities on Plan Options

Plans are the most important feature you look when compare Finvasia vs ICICIDirect vs IIFL Securities. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ICICIDirect offers Multiple Plans where Finvasia and IIFL Securities doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Finvasia vs ICICIDirect vs IIFL Securities on Plan Options
Plan Types	Finvasia	ICICIDirect	IIFL Securities
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

	Zerodha	IIFL Securities	Zerodha
Account Opening Request	Open Zerodha Account Now>>	Open IIFL Securities Account Now>>	Open Zerodha Account Now>>

Brokerage Charges

Compare Finvasia vs ICICIDirect vs IIFL Securitieson Brokerage Charges

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures trading.

IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.

Brokerage Charges - Compare Finvasia vs ICICIDirect vs IIFL Securities
Brokerage Charges Compare	Finvasia	ICICIDirect	IIFL Securities
Plan Name	Zero Brokerage Trading Plan	NEO Flat Discount Brokerage Plan	IIFL iSERVE Brokerage Plan
Equity Delivery	Rs 0	0.55%	Flat Rs 20 per order
Equity Intraday	Rs 0	Flat Rs. 20 per order	Flat Rs 20 per order
Equity Futures	Rs 0	Free (Rs. 0 brokerage)	Flat Rs 20 per order
Equity Options	Rs 0	Flat Rs. 20 per order	Flat Rs 20 per order
Currency Futures	Rs 0	Flat Rs. 20 per order	Flat Rs 20 per order
Currency Options	Rs 0	Flat Rs. 20 per order	Flat Rs 20 per order
Commodity Trading	Rs 0	Flat Rs. 20 per order	Flat Rs 20 per order
Minimum Brokerage	NA	Rs 35 per trade
Hidden Charges	No	Yes
Call & Trade Charges	Free	First 20 call free and Rs 25 there onwards.	Rs 50 Per Call + GST
Auto Square off Charges	Free	First 20 call free and Rs 25 there onwards.	Rs 50 Per Call + GST
Brokerage Calculator	Brokerage Calculator for Finvasia	Brokerage Calculator for ICICIDirect	Brokerage Calculator for IIFL Securities

Share Broker's Transaction Charges

Compare Finvasia vs ICICIDirect vs IIFL Securities on Transaction Charges

Compare Finvasia vs ICICIDirect vs IIFL Securities on transaction charges and PCM fee by segment.

Transaction Charges - Compare Finvasia vs ICICIDirect vs IIFL Securities
Transaction Charges Compare	Finvasia	ICICIDirect	IIFL Securities
Equity Delivery	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr
Equity Intraday	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr
Equity Futures	NSE:200 Per Cr \| BSE:FREE	NSE:200 Per Cr \| BSE:FREE	NSE:200 Per Cr \| BSE:FREE
Equity Options	NSE:5050 Per Cr \| BSE:3700 Per Cr	NSE:5050 Per Cr \| BSE:3700 Per Cr	NSE:5050 Per Cr \| BSE:3700 Per Cr
Currency Futures	NSE:90 Per Cr \| BSE:25 Per Cr	NSE:90 Per Cr \| BSE:25 Per Cr	NSE:90 Per Cr \| BSE:25 Per Cr
Currency Options	NSE:4000 Per Cr \| BSE:100 Per Cr	NSE:4000 Per Cr \| BSE:100 Per Cr	NSE:4000 Per Cr \| BSE:100 Per Cr
Commodity	Non-Agri: Rs 260 Per Cr \| Agri: Rs 175 Per Cr	NA	Non-Agri: Rs 260 Per Cr \| Agri: Rs 175 Per Cr
Brokerage Charges	Complete Brokerage Plans for finvasia	Complete Brokerage Plans for icicidirect	Complete Brokerage Plans for iifl-securities

Account Features

Compare Finvasia vs ICICIDirect vs IIFL Securities on Account Features

Compare Finvasia vs ICICIDirect vs IIFL Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect offers 3-in-1 Account where Finvasia and IIFL Securities offers only 2-in-1 account which includes trading and demat account. Margin Funding - ICICIDirect and IIFL Securities offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

Account Features - Finvasia vs ICICIDirect vs IIFL Securities
Account Features Compare	Finvasia	ICICIDirect	IIFL Securities
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:15 PM	3:15PM	3:15PM
NRI Trading
Other Features	NIL	NIL	NIL

Trading Platform

Compare Finvasia vs ICICIDirect vs IIFL Securitieson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Finvasia vs ICICIDirect vs IIFL Securities. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare Finvasia vs ICICIDirect vs IIFL Securities
Trading Platform Compare	Finvasia	ICICIDirect	IIFL Securities
Web Trading Platform
Web Trading Detail	https://trade.finvasia.com/	https://www.icicidirect.com	https://ttweb.indiainfoline.com
Web Trading Demo	Web Trading Demo	Web Trading Demo	Web Trading Demo
Mobile Trading
Mobile Trading App	SCALPERT	ICICI direct Mobile	IIFL Markets
Mobile Trading App Demo	SCALPERT Demo	ICICI direct Mobile Demo	IIFL Markets Demo
Android Mobile App
Android App Download	Andriod SCALPERT Download	Andriod ICICI direct Mobile Download	Andriod Download
iPhone Mobile App (IOS)
iOS App Download	Info Not Available	iOS ICICI direct Mobile Download	iOS IIFL Markets Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Basic platforms are free, advance platforms are chargeable.	Free	Free
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for Finvasia	Equity Intraday and Delivery Brokerage Calculator for ICICIDirect	Equity Intraday and Delivery Brokerage Calculator for IIFL Securities
Futures Brokerage Calculator	Futures Brokerage Calculator for Finvasia	Futures Brokerage Calculator for ICICIDirect	Futures Brokerage Calculator for IIFL Securities
Options Brokerage Calculator	Options Brokerage Calculator for Finvasia	Options Brokerage Calculator for ICICIDirect	Options Brokerage Calculator for IIFL Securities
Detail	Detail on Trading Platforms for finvasia	Detail on Trading Platforms for icicidirect	Detail on Trading Platforms for iifl-securities

Broker Ratings by Users

Compare Finvasia vs ICICIDirect vs IIFL Securities on User Rating

	Finvasia	ICICIDirect	IIFL Securities
	17 Customer Reviews	267 Customer Reviews	82 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	Finvasia is Rated 4.2 / 5 based on 17 customer reviews	ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews	IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews

Investment Offerings

Compare Finvasia vs ICICIDirect vs IIFL Securities on Investment Offerings

Compare Finvasia vs ICICIDirect vs IIFL Securities on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Finvasia and IIFL Securities offers Commodity Trading where ICICIDirect doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - ICICIDirect and IIFL Securities offers PMS facility where Finvasia doesn't offers PMS facility.

Investment Offerings - Compare Finvasia vs ICICIDirect vs IIFL Securities
Investment Offerings Compare	Finvasia	ICICIDirect	IIFL Securities
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL	NIL

Customer Service Offered

Compare Finvasia vs ICICIDirect vs IIFL Securities on Customer Service

Compare Finvasia vs ICICIDirect vs IIFL Securities on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Finvasia vs ICICIDirect vs IIFL Securities
Customer Service Compare	Finvasia	ICICIDirect	IIFL Securities
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	Support: +91 9779 097 777/Sales: +91 9098 001 001	1860 123 1122	022-40071000
Account Opening Process	Online/Paperless	Online	Online/Paperless
Customer Support Email	[email protected]/[email protected]	[email protected]	[email protected]
Knowledge Center/Education	https://finvasia.com/announcements	https://www.icicidirect.com/knowledge-center	https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx
Head Office Address	Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101	ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai - 400020	IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, MIDC, Thane Industrial Area, Wagle Estate, Thane-MH-400604
Website	https://www.finvasia.com/	https://www.icicidirect.com	https://www.indiainfoline.com/

Tips/Research/Reports Published

Compare Finvasia vs ICICIDirect vs IIFL Securities on Research Reports, Tips

Compare Finvasia vs ICICIDirect vs IIFL Securities on research reports and tips provided by broker.

Research Reports - Compare Finvasia vs ICICIDirect vs IIFL Securities
	Finvasia	ICICIDirect	IIFL Securities
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare Finvasia vs ICICIDirect vs IIFL Securities on Demat Account

Compare Finvasia vs ICICIDirect vs IIFL Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Finvasia vs ICICIDirect vs IIFL Securities
	Finvasia	ICICIDirect	IIFL Securities
DP Source	CDSL	CDSL	CDSL
DP ID	84300	14301	44700
Demat Account Annual Maintenance Charges(AMC)	Free	₹700 pa	₹400 pa
Advance Deposit	Rs 0	Rs. 7500/- , If the client is not having ICICI BANK Account	Nil
Statutory charges	Nil	Nil	Nil
Transaction Charges on Debit (Per ISIN)	₹9 + ₹5.50 (CDSL Charges) for every transaction	0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges)	0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)
Demat	₹15 per certificate	₹50 per set up	₹15 per certificate + ₹40 courier charges
Remat	₹15 for every hundred securities + CDSL Charges	₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction	₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges
Pledge Creation	₹25 per transaction	0.02% (Min ₹35 and Max ₹25,000)	₹50
Pledge Creation Confirmation	NIL	0.02% (Min ₹35 and Max ₹25,000)	Nil
Pledge Closure	₹25 per transaction	0.02% (Min ₹35 and Max ₹25,000)	Nil
Pledge Closure Confirmation	NIL	0.02% (Min ₹35 and Max ₹25,000)	Nil
Pledge Invocation	₹19 per transaction	0.02% (Min ₹35 and Max ₹25,000)	Nil
Failed Instruction Charges	₹49	₹30 per transaction	Nil
Other Charges

Special Offers,Advantages,Disadvantages

Compare Finvasia vs ICICIDirect vs IIFL Securities on Special Offers and Promotion

Compare Finvasia vs ICICIDirect vs IIFL Securities on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Finvasia vs ICICIDirect vs IIFL Securities on Special Offers and Promotion
	Finvasia	ICICIDirect	IIFL Securities
Likes	No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows; Zero account opening fees. Commission or Brokerage-free trading across all segments. Free and easy-to-use platforms; Shoonya web, app, and exe desktop software. Free of cost Shoonya Developer API. Start algo trading with HFT Algo. Invest in IPO, bonds, and direct mutual funds. Finvasia allows BTST (Buy Today, Sell Tomorrow) facility. Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO). GTT (Good Till Triggered order) is available across all segments with 1 year validity. Zero call & trade charges. No annual maintenance fee. Zero hidden charges. Lowest DP Charges. Detail Review...	100% digital and paperless 3-in-1 account opening facility. Trade on the BSE, NSE, MCX, and invest in other products. Multiple brokerage plans for residents and NRI trading. All kinds of trading platforms across web, app, and desktop versions. Invest in mutual funds for free with ICICIdirect Money App. Expert research calls and recommendations. Sell stocks and get cash instantly with the e-ATM facility. Advanced orders like bracket order, cover order, after market order, and basket order. Place Valid Till Cancelled (VTC) order, valid for 45 days. Informative articles, blogs, videos, learn hub, and Investonomics learning platform for beginners. Margin funding Loans on securities. Dedicated customer services. Detail Review...	Hassle-free onboarding process at zero paperwork. Zero Demat AMC for 1 year. Lowest brokerage online trading at just Rs. 20/order Free state-of-the-art mobile app, web, and desktop trading software. Paperless mutual fund investment at zero brokerage. Smart tools like order slicing, equitySIP, futures & options strategy builder, algo trading, advanced screeners, etc. Comprehensive equity and mutual funds research. Pre-IPO apply Place bracket order (BO), cover order (CO), aftermarket order (AMO), and Valid Till Date (VTD) order. Margin trading facility. Blogs and knowledge center for beginners. Detail Review...
Dislikes	Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points; Does not provide margin funding. You cannot open a 3-in-1 account with Finvasia. Finvasia is an online discount broker and does not have any physical branches. It does not provide intraday trading tips, investment ideas, and research No dedicated relationship manager. Detail Review...	High brokerage charges. The broker levies a minimum brokerage fee, which varies across brokerage plans. NEO flat discount brokerage plan (Rs. 20) charges a one-time subscription fee of Rs. 299. Mutual fund investment with ICICIDirect is not free, as it charges a lower of Rs. 30 or 1.5% on SIP transaction and Rs. 100 fees on lumpsum investment. Detail Review...	IIFL not being a part of any banking organization does not provide a 3-in-1 account opening facility to trade with ease and flexibility. If you only invest in stocks (Delivery, CNC order) then Zerodha and Prostocks are the best brokers who offer free delivery trading. Detail Review...
Special Offers/Promo	Free Account Opening+Free Demat AMC+Free Trading.	Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
	Enquire for Finvasia	Enquire for ICICIDirect	Enquire for IIFL Securities

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Transaction Charges Compare	Finvasia	ICICIDirect	IIFL Securities
Equity Delivery	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr
Equity Intraday	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr
Equity Futures	NSE:200 Per Cr \| BSE:FREE	NSE:200 Per Cr \| BSE:FREE	NSE:200 Per Cr \| BSE:FREE
Equity Options	NSE:5050 Per Cr \| BSE:3700 Per Cr	NSE:5050 Per Cr \| BSE:3700 Per Cr	NSE:5050 Per Cr \| BSE:3700 Per Cr
Currency Futures	NSE:90 Per Cr \| BSE:25 Per Cr	NSE:90 Per Cr \| BSE:25 Per Cr	NSE:90 Per Cr \| BSE:25 Per Cr
Currency Options	NSE:4000 Per Cr \| BSE:100 Per Cr	NSE:4000 Per Cr \| BSE:100 Per Cr	NSE:4000 Per Cr \| BSE:100 Per Cr
Commodity	Non-Agri: Rs 260 Per Cr \| Agri: Rs 175 Per Cr	NA	Non-Agri: Rs 260 Per Cr \| Agri: Rs 175 Per Cr
Brokerage Charges	Complete Brokerage Plans for finvasia	Complete Brokerage Plans for icicidirect	Complete Brokerage Plans for iifl-securities